Charles Schwab is a leading bank/financial institution and underperformed in 2023. I am very excited moving into 2024, and I expect to see the stock recoup its losses dating back to the start of 2023 where it started the year at $84 a share.
Charles Schwab is a great hedge in the market going into 2024. It benefits from both rate cuts & hikes. So wether analysts have predicted correctly if we get 6 cuts n 2024... I don't really care as this name benefits from both.
Stay long and target $80 a share. I think it hits before May 2024.